Bitwala to Set New Record by Building Platform to Manage Bitcoin (BTC) and Euro in One Account

The digital currency market has seen quite a lot over the years, ranging from developments to the emergence of new coins, to the numerous partnerships and adoption of blockchain technology. Nevertheless, there is something the industry is yet to see, and that is what Bitwala – a blockchain banking service based in Germany – has to bring to the table.

Bitwala to Launch a Platform to Manage both Bitcoin (BTC) Funds and Euro Deposits

Bitwala wants to launch a platform that will allow digital currency users to manage both Bitcoin (BTC) funds and euro deposits all in the same account – this is the first of its kind in the digital currency space. The blockchain banking service already has more than thirty thousand clients signed up for the service, and the platform will be fully deployed by November this year.

Clients that use this service can use their accounts for a wide range of settlement purposes, including paying their bills and receiving salary. Not only can you run Fiat-related services with the account, but the account also offers the opportunity and instant access to liquidity in trading digital currencies directly.

The First Offering of ICE’s Bakkt Will the Take the Form of Physical Bitcoin Futures

Bakkt – the digital currency trading platform of Intercontinental Exchange (ICE) – first offerings will take the form of physical Bitcoin (BTC) futures. According to the tweet of the firm, “The first contracts of Bakkt will be physically delivered Bitcoin (BTC) futures contracts vs. fiat currencies such as EUR, USD, and GBP.

The offering of Bakkt is quite different for the much-awaited exchange-traded fund for Bitcoin (BTC) – which will likely be approved by the SEC on Sept. 30th – as the latter wouldn’t take delivery of any actual Bitcoins. These developments will mark a milestone achievement in the digital currency space at large in terms of achieving global recognition and adoption.